The US Securities and Exchange Commission (SEC) is considering rule changes to let companies more freely issue tokenized securities, SEC Commissioner Hester Peirce said in a speech published on May 8. The regulator is “considering a potential exemptive order” for firms using blockchain technology to “issue, trade, and settle securities” that would release them from…

Key takeaways: Ether breaks multimonth downtrend as traders target $3,000 ETH price. Ethereum TVL surges 41% to $52.8 billion in 30 days, with a 22% rise in daily transactions to 1.34 million, signaling strong network recovery. Technicals show ETH price faces major resistance at $2,100-$2,800. Ether is setting up for a recovery toward the $3,000…

Coinbase, the largest cryptocurrency exchange in the US by trading volume, has agreed to acquire Deribit, one of the world’s biggest crypto derivatives trading platforms. Coinbase Global will acquire Deribit for about $2.9 billion, the exchange announced on May 8. The acquisition will allow Coinbase to expand into the profitable crypto derivatives market and continue scaling the…